📈 Dalmia Bharat 📉
This Stock Broke out from a Resistance zone of 1480-1500 after testing two times this range on upside with a strong green candle.
If you look closely you can find double bottom kind of pattern as well. So It makes this to long ride with Great risk to reward.
Bias - Long
Target - 1727, 1981 and 2170
SL - 1359
RR- 1:4
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
This Stock Broke out from a Resistance zone of 1480-1500 after testing two times this range on upside with a strong green candle.
If you look closely you can find double bottom kind of pattern as well. So It makes this to long ride with Great risk to reward.
Bias - Long
Target - 1727, 1981 and 2170
SL - 1359
RR- 1:4
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
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